IRL CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of IRL CONSTRUCT is 1.5% (moderate). The 2025 annual accounts show equity of €77k and a net result of €-2k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 75% of 4547 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+9
Solvency90▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 2.11 in 2024; short-term debt: 35.2% and cash: 20.2% of total assets), and 35.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.8%
Return on assets
-1.4%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-2k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
13 d early
2024
29 d early
2023
22 d early
2022
12 d early
2021
19 d early
2020
30 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▼ 2.2%
2024 · €79k
2018: €23k
2019: €43k
2020: €58k
2021: €74k
2022: €81k
2023: €89k
2024: €79k
2018 → 2025
Total assets
€119k▲ 3.4%
2024 · €115k
2018: €115k
2019: €94k
2020: €184k
2021: €184k
2022: €157k
2023: €146k
2024: €115k
2018 → 2025
Net result
€-2k▲ 83.6%
2024 · €-10k
2018: €17k
2019: €29k
2020: €23k
2021: €23k
2022: €7k
2023: €9k
2024: €-10k
2018 → 2025
Working capital
€59k▲ 45.6%
2024 · €40k
2018: €-1k
2019: €22k
2020: €14k
2021: €17k
2022: €3k
2023: €27k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€81k▲ 9.6%€89k▲ 10.8%€79k▼ 11.6%€77k▼ 2.2%
Operating result€28k-€13k▼ 53.4%€13k▼ 4.4%€-15k€-2k▲ 85.3%
Net result€23k-€7k▼ 68.7%€9k▲ 23.5%€-10k€-2k▲ 83.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €15k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€18k▼ 52.4%
Current assets
€101k▲ 31.3%
Equity and liabilities €119k
Equity
€77k▼ 2.2%
Debt
€42k▲ 15.3%
The debt ratio rises from 31.6% to 35.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €6k
Cash flow
€18k▲
2024 · €10k
Solvency
64.8%▼
2024 · 68.4%
Current ratio
2.40▲
2024 · 2.11
Quick ratio
2.40▲
2024 · 2.11
Debt / equity
0.54▲
2024 · 0.46
ROE
-2.2%▲
2024 · -13.1%
ROA
-1.4%▲
2024 · -9.0%
Interest coverage
110.44▲
2024 · 23.20
Debt
€42k▲
2024 · €36k
Debt ≤ 1 year
€42k▲
2024 · €36k
Income taxes
€2k▲
2024 · €-3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€115k€119k▲
Fixed assets21/28€38k€18k▼
Tangible fixed assets22/27€38k€18k▼
Furniture and vehicles24€38k€18k▼
Current assets29/58€77k€101k▲
Amounts receivable within one year40/41€55k€74k▲
Trade receivables40€22k€25k▲
Other amounts receivable41€33k€49k▲
Cash at bank and in hand54/58€20k€24k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€115k€119k▲
Equity10/15€79k€77k▼
Contributions10/11€6k€6k=
Outside capital11-€6k
Other1109/19-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€71k€69k▼
Amounts payable17/49€36k€42k▲
Amounts payable within one year42/48€36k€42k▲
Trade debts44€34k€34k▼
Suppliers440/4€34k€34k▼
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9-€5k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€8k€20k▲
Operating profit (loss)9901€-15k€-2k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€247€163▼
Recurring financial charges65€247€163▼
Profit (loss) for the period before taxes9903€-13k€218▲
Income taxes67/77€-3k€2k▲
Profit (loss) for the period9904€-10k€-2k▲
Profit (loss) for the period to be appropriated9905€-10k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€69k▼
Profit (loss) brought forward from the previous period14P€81k€71k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-10k ▼219%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €29k ▲70.7%
Operating result €41k, net result €29k, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Overijse · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terhulpensesteenweg 5703090 OverijseGround area
130 m²
Building footprint
147 m²
Parcel 23543K0102/00L007, Flanders. Linked by address, not a title deed.
1 establishment unit
IRL CONSTRUCT
since 20172.262.071.474
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543K0102/00L007 | Flanders | 130 m² | 1 · 147 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Loonwerken Lidou
BE 0800.711.343
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HERMANS GRONDWERKEN
BE 0475.378.885
Stekene · Eq €77k
West Line Group
BE 0703.934.146
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TOCATRANS
BE 0439.610.235
Laarne · Eq €77k
S&S Brothers
BE 0793.147.818
Sint-Martens-Latem · Eq €77k
Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 6,256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2017
Fiscal year end30-09
Activities, NACEBEL
49410Freight transport by road
41001General construction of residential buildings
43221Plumbing work
43230Insulation installation
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.